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Economic theory suggests that countries' tariff commitments in trade agreements reflect their import market power at the time of negotiations. However, as countries grow, their market power in different sectors can change in unforeseen ways and their commitments may no longer reflect changed...
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Using the near universe of online vacancy postings in the U.S., we study the interaction between labor market power and monetary policy. We show empirically that labor market power amplifies the labor demand effects of monetary policy, while not disproportionately affecting wage growth. A search...
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Selten hat ein wettbewerbspolitischer Fall so viel Interesse und Kontroversen hervorgerufen wie der E-Book-Fall rund um Amazon, bei dem führende Verlage und große Unternehmen wie Apple involviert sind. Doch dieser spiegelt nur eine von vielen unternehmerischen Vorgehensweisen Amazons wider....
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Multinationale Unternehmen stellen eine der treibenden Kräfte der Globalisierung dar. Sie sind in allen Regionen der Welt mit Wertschöpfungsaktivitäten tätig und damit maßgeblich am weltweiten Austausch von Gütern und Dienstleistungen beteiligt. Damit tragen multinationale Unternehmen...
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his book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are applied to models of competition in quantities, prices and...
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